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smart spending reforms to the pentagon, which we all know is the largest federal agency and loses billions of dollars every year through waste, fraud and abuse. many of my colleagues recognize that no serious plan to address the deficit can go forward without significant pentagon cuts on the table. it targets $278 billion in wasteful pentagon spending and re-invests those dollars in our teachers, our rhodes and our future. -- roads and our future. these cuts will undermine our national security. only the wasteful, excessive and bloated spending is targeted. i'm especially pleased to see that this bill includes enforcement language that will audit the pentagon. these measures would increase transparency and accountability with the pentagon budget and get us on a fair and balanced road to fiscal sustainability. oftentimes, my colleagues don't really realize that the pentagon has not been audited and cannot be audited and we need an audit and we are calling for an audit of the pentagon. i'm going to re-introduce my bipartisan bill as a separate stand-alone effort to keep wasteful spe
federal government except the pentagon. all of a sudden the last couple of months hitting this arbitrary political target is vital. what is vital, as i said, is having a deficit strategy that's consistent with sound economic growth and making sure that we strengthen the middle class and that means as a first step to make sure that our deficits, as the economy improves, as we grow, that our deficits are not growing faster than g.d.p. and that we stabilize the debt as a percentage of g.d.p. because if you don't, as the economy improves, higher government borrowing -- we need to adopt that strategy and adopt it now. have it kicked in over a period of time. we just got very good news that the rate of per capita increase in health care costs is actually at the lowest level of 50 years. we need to continue to adopt strategies to keep that -- those costs increase low. as as demographic changes means baby boomers retire and we clearly need to keep working on those issues. but let me just sum up where we are in terms of our deficit reduction targets. over the last little over two years we have no
was confirmed as defense secretary with deep cuts to the pentagon budget set to hit three days later. after months of defense department officials forecasting armageddon and with congress unable and unwilling to prevent the steep spending cuts, he will be entering his role as a crisis. that in the national journal. and to recap, chuck hagel has been confirmed as new defense secretary but the senate voting 58-41. and in our primetime schedule starting at 8:00 eastern time on c-span, debate from the senate floor on chuck hagel's nomination. on c-span2, remarks from attorney general eric holder on reducing gun violence and gun control laws. on c-span3, the senate finance committee holds a hearing on automatic budget cuts and who will -- with the fiscal problems. house republican leaders today said that the president and senate democrats bear responsibility for avoiding $85 billion in automatic spending cuts that begin on friday. house speaker john boehner starts this 10-minute briefing on capitol hill. >> the president, as you are all aware, insisted that he not have to go over the debt ceilin
that everyone in this body agrees with my ideas about reshaping pentagon spending or reforming entitlements to ensure they provide benefits for generations to come, but i do know that making the changes that are best for the long-term interests of this country can't be accomplished overnight. this decision requires our best efforts and planning. as the threat of sequester has painfully revealed a chainsaw is no way to create a budget for the most powerful country on earth. thank you. i yield back. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from wisconsin, mr. pocan, for five minutes. mr. pocan: i am differentlyly and humbled -- and deeply humbled to represent wisconsin's second district. they are hardworking dairy farmers and cheese makers that can produce the best milk and cheese you can find. i ran for congress because i wanted to ensure these voices, the voices of south central wisconsin, are heard, respected and represented in washington. and i am committed to serving their needs by working with my colleagues, all of my colleagues, regardless
Search Results 0 to 3 of about 4

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